European central banks, including the ECB, want to remove MiCA's rule requiring stablecoin issuers to hold large bank deposits, citing risks if many customers withdraw funds simultaneously. This aligns with past concerns raised by Tether's CEO about dependency on banks' cash availability. However, the proposal doesn't solve Tether's broader regulatory challenges, as USDT still lacks approval for EU platforms and has been delisted from some regulated exchanges. The change must pass EU rulemaking before becoming law, but it highlights the influence of USDT in the stablecoin market, valued at around $183 billion.
Tether USDT holds a market cap of Rp3.268,05 trillion on Pluang as of Sep 23, 2026 04:44 WIB, with a price of Rp17.889 and a 1-day gain of 0.55%. Despite the European Central Bank's support for easing MiCA rules around stablecoin bank deposits, USDT still faces regulatory hurdles in the EU, including delistings from some exchanges. On Pluang, the token sees more selling activity at 66% of orders, with typical holders keeping it for 88 days, reflecting ongoing cautious sentiment among investors.
Tether's CEO Paolo Ardoino revealed the company refused to seek EU MiCA authorization because the regulation requires major stablecoin issuers to hold at least 60% of their reserves in commercial bank deposits. Ardoino argues this concentration incre...
The European Central Bank and EU national central banks recommend changing MiCA's fixed 30% and 60% bank deposit reserve requirements for stablecoins to liquidity-based rules focused on asset maturity. They warn that current rules could cause stress ...
Anchorage Digital has chosen LayerZero as its preferred partner to provide interoperability for stablecoins issued through its federally chartered bank. The first token to use LayerZero's Omnichain Fungible Token (OFT) standard is Tether's USAT, enab...
In Venezuela, scammers are exploiting the widespread use of USDT stablecoins by sending fake USDT tokens with zero value to merchants during checkout. These counterfeit tokens mimic real USDT contracts and appear valid in self-custody wallets, tricki...
Tether minted $500 million worth of USDT on the Solana blockchain in less than 60 minutes, adding to Solana's existing $3.8-$4 billion USDT supply. This surge, alongside a simultaneous $250 million USDC mint by Circle on Solana, indicates strong dema...
